Maine’s For-Profit College Students Carry Heavy Debt Burdens and Struggle in Repayment
Students at Maine’s for-profit colleges carry higher levels of debt, borrow in higher percentages, and have worse repayment rates on that debt compared to their peers at public and private non-profit institutions. Because African Americans, females, and low-income students are disproportionately enrolled in Maine’s for-profit colleges, these poor outcomes fall more heavily on these vulnerable subgroups. This report uses the most recent data released from the U.S. Department of Education (College Scorecard, September 2016) to present a snapshot view of the condition of higher education within...